Which of the following is not an advantage of the partnership form?
a. It is easy for a partnership to be formed;
b. It is easier to raise capital than it is for a sole proprietorship;
c. Partnerships do not pay federal income taxes;
d. Partners can easily combine their experience and resources;
e. A partnership has mutual agency.
E
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Under the doctrine of respondeat superior, an agent is liable for any harm caused to a principal by a third party.?
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a. Liquidated Damages Clause b. Exculpatory Clause c. Novation d. Option Contract
In case of stock dividend, the shareholder's proportion of ownership in a firm remains the same, and as long as the firm's earnings remain unchanged, so does his or her share of total earnings
Indicate whether the statement is true or false
Publicity is considered much more important than advertising, sales promotion, or other forms of public relations because of the
A. lack of clutter in the message. B. accuracy of the message. C. timing of the message. D. control it has over the message. E. credibility it offers to the message.